The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...
The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...
An effort by Gov. Wes Moore to resolve a $3 billion budget deficit could be hampered by hundreds of millions — potentially ...
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to ...
Gov. Wes Moore (D) said Tuesday he will avoid tax increases and massive budget cuts and instead focus on growing the state's ...
The U.S. Congressional Budget Office released new data showing that in the last calendar year, the federal deficit has risen ...
Increasing the cap to just $15,000 for individuals and $30,000 for joint filers could increase the deficit by as much as $450 ...
Rather than weakening the SALT cap, lawmakers should strengthen it. Concern over the marriage penalty could be addressed by reducing the SALT cap to $5,000 for single filers or setting a new ...
Santa Barbara County may need to tighten its belt in a few years, as expenses are expected to outpace incoming revenue. A ...
A fiscal deficit is a budget shortfall. A current account deficit means that a country is sending more money overseas for goods and services than it's receiving. Many economists argue that the ...